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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Orchard Park, NY Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Orchard Park, NY Housing Market Trends

With 3,049 people, 1,479 houses or apartments, and a median cost of homes of $445,054, Orchard Park real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Orchard Park, accounting for 55.65% of the village's housing units. Other types of housing that are prevalent in Orchard Park include large apartment complexes or high rise apartments ( 30.63%), duplexes, homes converted to apartments or other small apartment buildings ( 12.31%).

The most prevalent building size and type in Orchard Park are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 56.50% owning and 43.50% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Orchard Park's housing was primarily built during this period, from the '40s through the '60s. A full 45.37% of the village's housing hails from this era. Other housing ages represented in Orchard Park include homes built between 1970-1999 ( 33.20%) and housing constructed before 1939 ( 12.44%). There's also some housing in Orchard Park built between 2000 and later ( 8.99%).

Orchard Park Home Appreciation Rates

Real estate appreciation rates in Orchard Park's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.10% during the period.

NeighborhoodScout's data show that during the latest twelve months, Orchard Park's appreciation rate, at 6.20%, has been at or slightly above the national average. In the latest quarter, Orchard Park's appreciation rate has been 2.79%, which annualizes to a rate of 11.65%.

Relative to New York, our data show that Orchard Park's latest annual appreciation rate is lower than 50% of the other cities and towns in New York.

One very important thing to keep in mind is that these are average appreciation rates for the village. Individual neighborhoods within Orchard Park differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Orchard Park - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Orchard Park real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$445,054

Orchard Park, NY Home Prices
> $1,379,000
$1,034,001 - $1,379,000
$689,001 - $1,034,000
$552,001 - $689,000
$413,001 - $552,000
$276,001 - $413,000
$138,001 - $276,000
$69,001 - $138,000
$0 - $69,000
0.4%
0.4%
1.2%
1.2%
8.1%
8.1%
18.0%
18.0%
30.3%
30.3%
34.5%
34.5%
6.5%
6.5%
0.9%
0.9%
0.1%
0.1%
0% 100.0%
% of Homes
High

for New york

High

for nation

Number of Homes And Apartments:

1,479

Orchard Park Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,911 / per month

Homeownership Rate

Owners
Renters
56.5%
56.5%
43.5%
43.5%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
0.0%
0.0%
100.0%
100.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
9.0%
9.0%
33.2%
33.2%
45.4%
45.4%
12.4%
12.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
55.6%
55.6%
0.7%
0.7%
12.3%
12.3%
30.6%
30.6%
0.0%
0.0%
0.7%
0.7%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
4.1%
4.1%
9.9%
9.9%
30.8%
30.8%
33.3%
33.3%
13.5%
13.5%
8.3%
8.3%
0% 100.0%
% of Homes